Joseph P. Quinlan

The Risks and Rewards for the West in the Coming Multipolar World "A marked shift has occurred in the tone and assumptions surrounding our national fortune. Nowhere is this better seen than in the second generation of books dealing with America’s financial crisis, particularly Joseph P. Quinlan’s The Last Economic Superpower." New York Journal of Books The global economy, designed by Western powers with the United States as lead architect, is in the process of reconfiguration. The 2008 global financial crisis has terminated America’s reign as sole economic superpower and opened up important new spheres of influence to developing nations. Does this signal the retreat of globalization as we know it? Has an economic “cold war” already begun? Will the West ever exert the kind of control and influence it enjoyed just a few short years ago? In The Last Economic Superpower, Joseph P. Quinlan, a Wall Street veteran and expert on global economic affairs, addresses these questions and many others. Presenting his vision with refreshing clarity and objectivity, Quinlan examines: How America went from being a major creditor to the world’s largest debtor nation in only two decades Five critical issues America must face in order to prevent permanent fragmentation of the global economy What the fading appeal of Europe and Japan means for the future of globalization What China, India, and others have that the West doesn’t--and why this gives them unprecedented leverage Decisions made now will shape the course of history. The Last Economic Superpower outlines critical choices that must be made in order to recast, reinvent, and reenergize a new style of globalization. The Last Economic Superpower lays bare the issues and challenges that will decide whether the world builds a new, functional system that serves all or fragments into separate spheres of influence, which benefits no one.

The Last Economic Superpower: The Retreat of Globalization, the End of American Dominance, and What We Can Do About It

Kathryn L. Stevens

The end of the Cold War, Europe's single currency, Asia's financial crisis, the rise of China, new global trade agreements, massive daily flows of capital-all of these variables and more signal an unprecedented pace of change in the global economy. Globalization has emerged as the hallmark of the 1990s, challenging U.S. investors and corporations to grasp and understand the powerful forces at work outside the United States. This thorough, readable guide presents the 101 key demographic, financial, and economic characteristics of the global economy. It provides a taut introduction for understanding the key trends of the global economy and is essential reading for anyone engaged in international business and finance. It is an excellent sourcebook and reference, incorporating subjects ranging from America's position in global trade and investment to the rise of the global "MTV generation." Conveniently organized into two-page spreads that discuss and then illustrate predominant global trends, 101 Trends Every Investor Should Know About the Global Economy is a much-needed guide to the world economy. Joseph P. Quinlan, a Senior International Economist at Morgan Stanley Dean Witter, lectures on international business and global investing at New York University. Kathryn L. Stevens, a graduate of Columbia University's School of International and Public Affairs, is an international economist based in New York. "Interesting and informative . . . essential to success in international business and for individual investors. The authors take what could be cumbersome subject matter and make it stimulating and easy to digest:" -- R. Scott Shively, Vice President, International Marketing Hoechst Marion Roussel Inc. "Provides 20/20 vision on key issues and trends to cut through all the information fog media commentators and economists alike talk about." --Harry Martin, Chief Information Officer Herman Miller, Inc. "A timely, comprehensive, and prescient audit of the global economy. Politicians, business executives, analysts, teachers, and students will appreciate both the facts and the interpretation thereof." -- William E. Dodge, President Marvin & Palmer Associates "We're all involved in the global economy, but few of us can explain its intricate workings. Here finally is the indispensable book for those involved in the worldwide marketplace. In a straightforward, easy-to-read, and understandable style, Quinlan and Stevens clarify complex issues and put a human aspect on economic concepts. A great reference book you'll want to keep handy." -- Sally Heinemann, Editorial Director Bridge News

Joseph P. Quinlan

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